38 Studios Fires a Finger Back at Rhode Island, Accuses State of Withholding Funds

The never-ending cycle of finger pointing between 38 Studios, the Rhode Island Governor's Office and the state's EDC continued after the studio's president fired off a stern letter putting

The never-ending cycle of finger pointing between 38 Studios, the Rhode Island Governor's Office and the state's EDC continued after the studio's president fired off a stern letter putting the bankruptcy back on the state's shoulders.

William Thomas, the now former president of 38 Studios, wrote a letter to the Rhode Island Film and TV Office back towards the end of May that suggested the state refused to give the studio the funds they agreed to receive as part of their residency deal with the EDC and the state of R.I. Thomas claims the state owed them $8.7 million in tax credits that they never received before they closed up shop.

“We went from a position of working together in good faith to a position where all communication was shut off. The intentional delay in issuing the credits has caused severe damages to the company, its employees, and the state of Rhode Island.”

The circle of blame should continue with a response from the Governor's office, so stay tuned.